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Increasingly extreme bouts of weather are challenging how the insurance industry predicts risk

In a changing climate, with swirling temperatures in rising oceans, extreme weather is the new norm. This is of great concern to the insurance industry, which recently told US Senators that a surge in weather-related catastrophes has forced billions of dollars in payouts.
That's why insurers (and reinsurers, who insure the insurers) are looking to new ways to predict climate-related risk.......read more